“Classic price suppression on good news”
I hope nobody believes this sort of stuff. It’s all over HotCopper on every second penny stock thread.
All that’s happening here is that people are selling the news.
Read the announcement again but very critically. I agree with @Klue, there’s not much new here, they are just reaffirming guidance and quoting TCV numbers, which is all top line (and may come down if contracts aren’t fully executed across the life of the deal etc).
Ann: Enterprise Sales & TCV Update, page-21
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